Economy

DBS forecasts GDP growth of 1.8% as Singapore shows measured resilience

On policy, DBS said authorities are likely to preserve buffers for counter-cyclical action. 

The Ministry of Finance opens Budget 2026 consultation as feedback begins

They seek views across several broad themes that include strengthening the economy through entrepreneurship.

Real wages grow 4.3% as median income reaches $5,775

Lower labour-force participation limits gains despite higher real wages

Economic growth projected to slow to 2.2% in 2026: report

As unemployment rates, population growth, interest rates, amongst others, will see moderate activity.

Manpower, rent and weak demand drag businesses’ profits

Rising costs push Singapore firms into profit decline

Singapore’s innovation engine stalls at commercialisation

Singapore struggles to turn innovation inputs into global market success.

1 in 3 employees considers job change within a year

They prefer opportunities with better salaries and recognition.

Inflation seen rising to 1.5% in 2026, say analysts

The imposition of sustainable aviation fuel is one of the policies that will fuel price movement.

JTC, NUS partner to develop next‑generation tropical data centre testbed

This will examine sustainable cooling systems and energy management practices.

Core inflation rises to 1.2% in October

MAS core Inflation is projected to average around 0.5% in 2025.

NODX forecast to grow 2.5% as trade slows

Declines in non-electronics exports dragged growth in the third quarter.

Gov’t revises GDP forecast up to 4% on strong trade, AI exports

Outward-oriented services sectors are also projected to grow steadily.

Firms now seek more specific skill sets in entry-level hiring: report

66% of companies look for AI tool certifications, amongst others.

Residential assets lead Q3 investment sales with 46.3% share

Industrial and office sectors contribute 44.2% combined

Singapore’s October exports surge 22.2%

Both electronics and non-electronics exports grew for the month.

Singapore vital in Southeast Asia’s digital economy: report

The city-state led in digital payments last year as the region’s economy is projected to reach $1.299t by 2030.